CREXENDO INC (CXDO) Stock Technical Analysis
NASDAQ:CXDO - Nasdaq - US2265521078 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CXDO. In the past year, CXDO was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Looking at the yearly performance, CXDO did better than 93% of all other stocks. We also observe that the gains produced by CXDO over the past year are nicely spread over this period.
CXDO is one of the better performing stocks in the IT Services industry, it outperforms 86% of 82 stocks in the same industry.
In the last month CXDO has a been trading in the 5.08 - 6.04 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CXDO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CXDO is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CXDO has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.48
6.83
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.30 to 5.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.13 to 5.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.53 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @5.85 from a horizontal line in the weekly time frame.
- Resistance @5.97 from a horizontal line in the daily time frame.
- Resistance @6.76 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CXDO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CXDO is neutral. |
| ChartMill Relative Strength | 93.52 | POSITIVE | CXDO has a high relative strength, it outperformed 93.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CXDO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CXDO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CXDO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.52 | NEUTRAL | The RSI value for CXDO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CXDO has a positive trend. |
| Stochastics (14,3) | 60.61 | NEUTRAL | The Stochastics value for CXDO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for CXDO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.01 | NEGATIVE | The low ADX value for CXDO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.75
-0.03 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.52%
1 Week8.49%
2 Weeks3.23%
1 Month1.23%
3 Month12.3%
6 Month7.68%
12 Month82.83%
2 Year226.7%
3 Year85.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%4.2%
ATR Inc113.53%
Range Today0.33
ADR(20)0.23
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.52
Mansfield0.59
10 Day High6.04
10 Day Low5.13
20 Day High6.04
20 Day Low5.08
52 Week High7.34
52 Week Low3.01
CS1 End5.46
CR1 Start5.85
Volume & EV
DER(3)-0.08%
DER(5)0.15%
Volume188.30K
Volume Incr-6.86%
Vol(5)191.60K
Vol(50)173.14K